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Positive Growth Evident in Global Trade Trends Early 2024
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and
Container xChange Predicts Container Price Bubble Will Burst in H2 2024
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in Chin
EVENT: 26-27th March 2024 Trade Opportunities for Australia, US and Mexico Nearshoring in North America
Across The Ocean Shipping Pty Ltd., The Embassy of Mexico in Australia, Bryan Gonzalez Vargas y Gonzalez Baz and the United States-Mexico Chamber of Commerce cordially invite you t
Rotterdam’s Role in Decarbonizing Global Maritime Trade
Global maritime trade accounts for roughly 3% of worldwide greenhouse gas emissions. With cargo volumes rising, achieving net-zero shipping by 2050—per International Maritime Org
Houthi Attack on Prestige Falcon Deadliest Yet; 16 Crew Missing
None of the 16 crew of the Prestige Falcon has yet been found, following the sinking of the 7,056dwt product tanker on Monday, meaning that this looks to be the deadliest Houthi st
CMA CGM Ship Loses 44 Containers in South African Storm
A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM Benjamin Franklin was en r
Near-Normal Water Levels Boost Panama Canal Ship Transits
The Panama Canal’s freshwater reservoirs are entering summer at close to normal levels, prompting the canal’s operator to increase the number of large ships moving through the
Freight Spend Management Top Priority Amid Red Sea Crisis
Managing freight spend is the biggest concern for shippers and forwarders, as the supply chain volatility driving ocean rate hikes appears to have no end in sight. In Xeneta’s mi
ATOS Breakbulk project delivery in Henderson Port WA
The total consignment was 5 Crates of cutting machinery at nearly 70 Tonne and 420 cubic metres. Given the size of the shipment our project team had to liaise many weeks in advance
Disruptions Impact Shipping Outlook
Ship backups that plagued seaports during the Covid pandemic are making a comeback, raising concerns about new delays and higher costs during this year’s peak shipping season. Fl
